Seller Merger Company Securities definition

Seller Merger Company Securities means any Seller Company Securities owned by Seller Subsidiaries which are to be merged with and into Purchaser or any Purchaser Subsidiary pursuant to a 368 Reorganization. "Seller Proportional Share" means, if Comcast Parties are Seller Parties, 57.45%, or, if Seller is Liberty, 42.55%.

Examples of Seller Merger Company Securities in a sentence

  • Except with respect to matters relating to the formation of such Proposed Merger Subsidiary and except as set forth in Section 3.04 of the Seller Disclosure Schedule, no Proposed Merger Subsidiary has engaged in any business activities other than (I) holding (x) the Seller Merger Company Securities and/or (y) shares of capital stock of another Seller Subsidiary and (II) the Transactions, including the execution and delivery of any Transaction Agreements to which it is a party.

  • On the Closing Date, each Designated Subsidiary will not be engaged in any business activity other than holding Seller Merger Company Securities and the Transactions including the execution and delivery of any Transaction Agreement to which it is a party.

Related to Seller Merger Company Securities